Adds particulars on outcomes, CEO quote
Adds particulars on outcomes, CEO quote
Nov 13 (Reuters) – Wizz Air Holdings Plc WIZZ.L on Wednesday raised the underside finish of its annual revenue forecast, because the funds airline advantages from a robust first-half whereas struggling rivals reduce enlargement plans.
Wizz, which primarily has flights to central and japanese Europe, stated web revenue for the monetary 12 months 2020 can be between 335 million euros to 350 million euros ($369.17 million to $385.70 million). It had an earlier vary of 320 million euros to 350 million euros.
Web revenue for the six months ended Sept. 30 rose 87.1% to 371.5 million euros.
“The newer supporting market situations imply we’re seeing our enterprise monitoring in the direction of the highest finish of our present web revenue steering vary, which provides us confidence to tighten the vary,” Chief Government Officer József Váradi stated in a press release.
Wizz Air reported an 17.9% enhance in first-half passenger numbers to 22.1 million,…